Dubai’s real estate market recorded 368 sales transactions worth AED909.66 million ($247.66million) and mortgage deals of AED177.3 million ($48.27 m).
This was in addition to 70 gift transactions amounting to AED126.81 million ($34.5 m) Monday, data released by the emirate’s Land Department (DLD) showed.
Dubai Land Department has reached 1.2 billion AED in transactions today.#transactions #التصرفات_العقارية #land_department #أراضي_دبي pic.twitter.com/bETF98DnX8
— دائرة الأراضي والأملاك في دبي (@Land_Department) March 7, 2022
The sales included 325 villas and apartments worth AED735.99 million ($200.38m), and 43 land plots worth AED173.66 million ($47.28m).
Additionally, the mortgages included 103 villas and apartments worth AED148.47 million ($40.42m) and 11 land plots valued at AED28.83 million ($7.85m).
This brought the total realty transactions of Monday to over AED1.2 bn ($330million).